XRP RSI Pushes Past Bull Threshold at 50
XRP's Relative Strength Index (RSI) has made significant gains, reclaiming the bull threshold at 50 and pushing towards even higher levels. Analyst EGRAG CRYPTO notes that the RSI's recovery from a low of 47 was stronger than expected.
The analyst sees the move above 50 as an important early stage in a larger momentum shift for XRP. He now focuses on the RSI's ability to remain above higher levels, rather than just reaching 50.
EGRAG CRYPTO identifies 53 as the bull market continuation threshold in this setup. A sustained move above that level would confirm the current recovery and signal stronger momentum ahead.